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Three-Story Multi-Tenant Medical Office
For Sale
Contact for pricing
Pending

225 Boston St, Lynn, MA 01904

Three-story medical office building leased to 10 tenants on an approximately 2-acre site.

Property Size29,754 SF
Lot Size1.94 Acres
Days on Market147

Property Features for 225 Boston St

General Information

Standard status Pending
Size 29,754 SF
Lot size 1.94 Acres
Property subtype Office

Additional Details

Cap Rate 7.2%
Office Units 10

Building Details

Stories 3
Tenancy Multi
Listing Agency: Hunneman
Listed By: Carl Christie · License #MA 9521806
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Sep 3 at 11:11AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hunneman

Investment Insights

Based on property information with market context.

225 Boston Street is a three-story, multi-tenant medical office building on a 1.94± acre site. The property totals 29,754± SF and is currently leased to ten (10) tenants, providing an established income base.

The offering is available for acquisition in Lynn, MA. Hunneman has been exclusively retained to sell the property, which is positioned for both existing cash flow and future upside based on the seller’s underwriting.

The building is offered at an asking price of $3,650,000, with a stated going-in cap rate of 7.2%.

Key Highlights

  • 1.94± acre site with a three‑story, multi‑tenant medical office building at 225 Boston Street in Lynn, MA
  • 29,754± SF building leased to 10 tenants
  • Asking price: $3,650,000

Property Analytics

Current Use

Beauty and Ink Studios Tattoo & Piercing Shop Degre Chiropractic, LLC Alternative Medicine Practice Merle Zicherman & Associates: ... Dental Office Merle Stuart G ... Dental Office MZL DENTAL Dental Office

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Tech Support Center Acupuncture Computer & Electronic Repair Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,397
Businesses Nearby

Demographics for 01904, MA

19,944
Population
7,322
Households
2.7
Avg Household Size
40
Median Age
32%
College-Educated
85%
High-School Grad
4.2 sq mi
ZIP Area
4,749
Density / Sq Mi
$100,597
Median Household Income
$49,561
Median Earnings
$1,742
Median Rent
$515,100
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Three-story medical office building leased to 10 tenants on an approximately 2-acre site.
Where is this office building located?
The property is located at 225 Boston St Lynn, MA.
What are key features of this property?
This property features: 1.94± acre site with a three‑story, multi‑tenant medical office building at 225 Boston Street in Lynn, MA; 29,754± SF building leased to 10 tenants; Asking price: $3,650,000
(781) 888-5284 Call to check price and availability
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